Monthly Archives: May 2014


GCI Increases Data Speeds in Bethel

ANCHORAGE, Alaska, May 8, 2014 /PRNewswire/ — General Communication, Inc. (“GCI”)(NASDAQ:GNCMA) expanded 3G wireless services to Bethel with recent cell tower upgrades completed by Alaska Wireless Network. Extended coverage to nine nearby villages is expected later this year. GCI successfully secured the $2.2 million in federal funding for the project from the Federal Communications Commission.

“GCI is dedicated to providing the best wireless service to our customers in Bethel and across Alaska. Increased speeds provided by these upgrades will allow GCI customers with existing data plans to have an improved experience right away,” said GCI Senior Vice President and General Manager of Con…


GCI REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS

GCI REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS Consolidated Revenues of $216 million, Adjusted EBITDA of $75 million May 7, 2014, Anchorage AK – General Communication, Inc. (“GCI”) (NASDAQ:GNCMA) today reported performance for the first quarter of 2014, with consolidated revenues of $216 million, adjusted EBITDA of $75 million, and net income of $2 million or $0.05 per share. Consolidated revenues of $216 million declined four percent on a sequential basis and increased sixteen percent on a year over year basis. Adjusted EBITDA of $75 million represented a ten percent increase on a sequential basis and a twenty seven percent increase on a year over year basis. “Our first q…